Paying more and getting less: CHA says insurer payout legislation required
Catholic Health Australia has called on the Albanese Government to legislate a minimum 90 per cent benefit-payout ratio for private health insurers, warning that voluntary action has comprehensively failed and patients are paying the price.
The latest data reveals just 85.6 cents of every premium dollar is now reaching patient care, down from 91.9 cents before the pandemic.
Had the payou...